Saudi oil may keep a lid on Middle East fallout
The war in the Middle East seems to be crossing red line after red line. Following attacks on top Hezbollah commanders in ...
China's economic issues are so serious that even the oil market doesn't care about Middle East tensions — for now
On the supply side, Saudi Arabia is looking to increase market share instead of pursuing higher profits.
Oil ends at 2-week low after report Saudi Arabia to scrap price target, boost output
Oil futures on Thursday ended at their lowest in about two weeks, pressured after the Financial Times reported that Saudi ...
Saudi Arabia and OPEC face challenges enforcing crude oil output cut quotas
Saudi Arabia, the de-facto leader of the Organization of the Petroleum Exporting Countries, is once again faced with a ...
Saudi Arabia to drop $100 crude target to win back market share, FT reports
Saudi Arabia is preparing to abandon its unofficial price target of $100 a barrel for crude as it prepares to increase output ...
US stocks drop, oil climbs over Iran strike amid escalating Mideast tensions
Iran launches missiles at Israel, triggering a selloff in US stocks and jump in oil prices. Markets are unnerved but not yet ...
Crude Oil Prices12d
Saudi Arabia’s Crude Oil Exports Slumped to an 11-Month Low in July
Saudi Arabia's crude oil exports declined in July due to increased domestic consumption during the summer months, despite a ...
Oil prices fall over 2% on prospects Saudi Arabia to raise output
Oil prices slumped on Thursday, reversing earlier gains, on news Saudi Arabia, the world's biggest crude exporter, will give ...
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Oil-rich Saudi projects budget deficit through 2027 despite reform drive
The Arab world’s biggest economy Saudi Arabia announced yesterday it anticipates a budget deficit of 2.3 per cent of GDP in ...
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Saudi Arabia Projected to Widen Fiscal Deficit for 2024 Amid Vision 2030 Economic Expansion
Saudi Arabia's 2024 fiscal deficit is expected to widen to 2.9% of GDP as spending increases to fuel growth and meet Vision ...
Crude Oil Prices5d
Saudi Arabia Scraps $100 Oil Price Target to Boost Market Share
11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets ...
Arabian Business6h
Saudi-US trade hit $29.7bn last year
In the non-oil sector, Saudi exports to the US totalled $2.3bn (SR8.5bn). Fertilizers topped these, at $790m (SR3bn), ...